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Posts Tagged ‘Budget’

Private Landlords v First-Time Buyers – is that the real battleground?

by on for The Lawyer Monthly

The Summer Budget included restrictions on mortgage interest relief for owners of rental properties, limiting the relief to the basic rate of tax.  Under the current system individual landlords can deduct all of their costs, including mortgage interest, from their profits before paying tax.  George Osborne believes this gives such… Continue reading →